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Food Price Inflation in Pretty Pictures

The BBC have a handy guide to food price inflation with lots of pretty pictures like this one:
price increases
and, most interesting, this one:
world map with food exporting countries marked

It's a nice way of seeing that, between them, Argentina and Kazakhstan export nearly a fifth of the world's grain. But despite being market players, they're very far from being market makers. That's a role that the US and EU guard very jealously. And it's one that we can expect to see come under some pressure, as China and India flex their power... ... read more »

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Posted on 24 March, 2008 - 17:18

 

Child of the New Deal

Frances Moore Lappé has a fine piece in The Nation this week, reminding us of The New Deal. She points out that

The first two economic rights [in the New Deal] assured a “useful” job that paid enough to provide “adequate food and clothing.” The third guaranteed farmers a high enough return for their crops to provide their families with a “decent living.” To begin, [Roosevelt] asked Congress to pass a “cost of food law,” putting a price floor under farmers and a price ceiling on the cost of food necessities for all. ... read more »

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Posted on 24 March, 2008 - 17:39